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Residential Remodelers: SBA acquisition loans in New York
10 SBA-financed business acquisitions in New York classified as Residential Remodelers, FY2024–FY2026. Median loan $882K. See which lenders did them.
- Acquisitions financed
- 10
- Total approved
- $13.3M
- Median loan
- $882K
- Middle half of loans
- $325K to $2.0M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 4 | 40% | $275K | $4.5M |
| 2 | The Canandaigua National Bank and Trust Company | 2 | 20% | $1.0M | $2.0M |
| 3 | Celtic Bank Corporation | 2 | 20% | $882K | $1.8M |
| 4 | Grasshopper Bank National Association | 1 | 10% | $3.0M | $3.0M |
| 5 | Pathward National Association | 1 | 10% | $2.1M | $2.1M |
For comparison, the same industry nationwide: 148 loans, median $702K, median starting rate 9.50%. See Residential Remodelers in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.